Shares of Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) saw strong trading volume on Tuesday . 709,828 shares traded hands during trading, an increase of 328% from the previous session’s volume of 165,950 shares.The stock last traded at $9.8635 and had previously closed at $9.86.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Morgan Stanley initiated coverage on Marks and Spencer Group in a research note on Monday, May 18th. They issued an “overweight” rating on the stock. Sanford C. Bernstein upgraded shares of Marks and Spencer Group to a “strong-buy” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Read Our Latest Analysis on Marks and Spencer Group
Marks and Spencer Group Stock Up 0.1%
Marks and Spencer Group Company Profile
Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.
In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.
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